2025-03-31-accounts - Dersim Cultural Centre

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CHARITY NUMBER: 1166023

DERSIM CULTURAL CENTRE

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

DERSIM CULTURAL CENTRE

CONTENTS	PAGE
Legal and administrative information	1
Management Committee's report	2-3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the Financial Statements	7
Detailed income and expenditure accounts	8
Accountants' report	9

REFUGEE WORKERS CULTURAL ASSOCIATION

LEGAL AND ADMINISTRATIVE INFORMATION

Management Commitee Members Huseyin mavi Hasan Dolu Cem Ok

Administrative Office: 374 High Road Tottenham London N17 9HY Charity Registration Number: 1166023 Independent Examiners: Akademi Accountancy Certified Accountants 500 White Hart Lane London N17 7NA

DERSIM CULTURAL CENTRE

DERSIM CULTURAL CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The trustees, present their annual report together with the audited financial statements of the charity for the year ended 31 March 2025.

Recruitment & appointment of trustees

The trustees of the company and the trustees who are also directors for the purposes of company law and under the company's Articles are known as members of the Management Committee, who served throughout the year are shown on page 1. Under the requirements of the Memorandum and Articles of Association the members of the Management Committee are elected to serve for a period of one year after which they must be re elected at the Annual General Meeting.

Organisational structure

The charity is organised so that the trustees meet regularly to manage its affairs. There is a coordinator who manages the day to day administration of the charity.

Risk management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees are aware of the charity's non-reliance on funding from local government and efforts will be made to increase self generated income.

Section a of the Charities Act 2011

The trustees actively review guidance issued by the Charity Commission as required by Section 4 of the Charities Act 2011, to ensure compliance with such guidance.

Objectives & Activities

The charity's objects and its principal activities are to assist in improving the quality of life of Turkish and Kurdish people in England. Principle activities include; Welfare, Supporting families, General Advice, Training and other allied services to the Turkish & Kurdish speaking community.

Development, Activities and Achievements

The trustees consider that the charity's activities in meeting its objectives have been satisfactory during the year under review. Dersim Cultural Centre's Management Committee, staff and volunteers continue to work closely with the members of the community to preserve and enhance the identity of the Charity.

DERSIM CULTURAL CENTRE

DERSIM CULTURAL CENTRE TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED...

Financial Review

Total income for the year amounted to £4,000 with total expenditure amounting to £25,446 leaving a deficit of £26,489 in the year. Accumulated reserves at the balance sheet date amounted to £38,221.

Future Developments

Fundraising for the year 2024/25 has been actively looked into for the charities core activities and the aim of the trustees is further assist in the improvement of the quality of life of the Turkish & Kurdish people in England.

Responsibilities of Trustees

The trustees are required by company law to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to

Select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent;
prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Trustee members

The trustees who are directors for the purpose of company law who have served during the year and up to the date of this report are set out on page 1.

In accordance with company law, as the company directors, we certify that:

so far as we are aware, there is no relevant information of which the company's independent examiners are unaware; and
as the directors of the company we have taken ail steps that we ought to have taken in order to make ourselves aware of any relevant audit information and to establish that the charity's independent are aware of that information.

Independent examiners

Akademi Accountancy was appointed as the charitable company's independent examiners at the last Annual General Meeting and has expressed their willingness to continue in that capacity.

Approval

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in May 2008) and in accordance with the Provisions of Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

Approved by the trustees on 22/01/2025 and signed on its behalf.

Hasan Dolu Chairperson

DERSIM CULTURAL CENTRE

STATEMENT OF FINANCIAL ACTIVITIES

NOTES INCOMING RESOURCES Grants 2 Donation and Membership Activities Income Sponsorship TOTAL INCOMING RESOURCES Direct Charitable Expenditure 3 Management and Administration 4 TOTAL RESOURCES EXPENDED NET INCOMING RESOURCES/ (RESOURCES EXPENDED) TOTAL FUNDS B/F TOTAL FUNDS C/F	Unrestricted Funds £ - 4,000 - - 4,000 25,446 - 25,446 (21,446) 59,667 38,221	Restricted Funds £ - - - - - - - - - - -	Total 2025 £ - 4,000 - - 4,000 25,446 - 25,446 (21,446) 59,667 38,221	Total 2024 £ - 1,970 - - 1,970 28,459 - 28,459 26,489 - 86,156 59,667

There were no recognised gains or losses for 2024 or 2025 other than those in the Statement of Financial Activities.

The attached notes form part of these financial statements

DERSIM CULTURAL CENTRE

BALANCE SHEET AS AT 31 MARCH 2025

NOTES FIXED ASSETS Tangible Fixed Assets 5 CURRENT ASSETS Cash at bank and in hand Other Creditors Other Creditors TOTAL NET ASSETS FUNDED BY: Net Excess Income over expenditure Fund Balance B/F TOTAL FUNDS C/F	2024 £ - 38,723 500 38,223 (21,446) 59,667 38,221

Approved by the Management Committee and signed on its' behalf.

..................................................... Hasan Dolu Chairperson

Date: 22/01/2025

DERSIM CULTURAL CENTRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Accounting Convention

The financial statements are prepared under the historic cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming Resources

Sundry incomes are accounted for as received by the organisation. All other income is accounted for in an accruals basis. No permanent endowments have been received in the year.

Resources Expended

Expenditure is accounted for an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headins they have been allocated to activities on a basis consistent with the use of resources.

Tangible Fixed Assets

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Eqquipments, Fixtures & Fittings 25% straight line

Taxation

The charity is exempt from corporation tax on its charitable activities.

Value Added Tax is not recoverable by the organisation, and as such is included in the relevent costs in the Statement of Financial Activitivities.

Management and Administrative Expenditure

Expenditure on management and administration of the organisation includes all expenditure not directly related to the charitable activities or fund-raising ventures.

This includes office running costs and accountancy fees.

DERSIM CULTURAL CENTRE

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025

INCOME £ Donations and Sponsorship 3,300 Membership 700 Events Income EXPENDITURE Accountancy Fee 500 Cleaning 140 Insurance 603 Light and Heat 4,400 Rates & water 1,240 Rent 18,000 Sundry 3 Telephone and Fax 560 SURPLUS/( DEFICIT)	£ 4,000 25,446 (21,446)